Creative Newtech (NSE:CREATIVE) Days Sales Outstanding : 28.60 (As of Sep. 2023)

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What is Creative Newtech Days Sales Outstanding?

Creative Newtech's average Accounts Receivable for the three months ended in Sep. 2023 was ₹1,347 Mil. Creative Newtech's Revenue for the three months ended in Sep. 2023 was ₹4,298 Mil. Hence, Creative Newtech's Days Sales Outstanding for the three months ended in Sep. 2023 was 28.60.

The historical rank and industry rank for Creative Newtech's Days Sales Outstanding or its related term are showing as below:

NSE:CREATIVE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.47 Med: 30.46 Max: 51.96
Current: 26.5

During the past 13 years, Creative Newtech's highest Days Sales Outstanding was 51.96. The lowest was 23.47. And the median was 30.46.

NSE:CREATIVE's Days Sales Outstanding is ranked better than
94.27% of 2460 companies
in the Hardware industry
Industry Median: 74.04 vs NSE:CREATIVE: 26.50

Creative Newtech's Days Sales Outstanding declined from Sep. 2022 (31.44) to Sep. 2023 (28.60).

Creative Newtech Days Sales Outstanding Historical Data

The historical data trend for Creative Newtech's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Creative Newtech Days Sales Outstanding Chart

Creative Newtech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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32.94

33.17

27.12

23.47

25.48

Creative Newtech Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															23.82	21.18	17.96	28.60	-

Competitive Comparison of Creative Newtech's Days Sales Outstanding

For the Electronics & Computer Distribution subindustry, Creative Newtech's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Creative Newtech's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Creative Newtech's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Creative Newtech's Days Sales Outstanding falls into.

Creative Newtech Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Creative Newtech's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (921.893	+	1470.224)	/	2 )	/	17131.156	*	365
=	1196.0585					/	17131.156	*	365
=	25.48

Creative Newtech's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0	+	1347.209)	/	1 )	/	4298.287	*	365 / 4
=	1347.209					/	4298.287	*	365 / 4
=	28.60

Creative Newtech (NSE:CREATIVE) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Creative Newtech Days Sales Outstanding Related Terms

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Creative Newtech (NSE:CREATIVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Creative Newtech Ltd (NSE:CREATIVE) » Definitions » Days Sales Outstanding

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Address

Kandivali Co Op Industrial Estate Limited, 3rd and 4th Floor, Plot No. 137AB, Charkop, Kandivali West, Mumbai, MH, IND, 400067

Website

https://www.creativenewtech.com

Creative Newtech Ltd is engaged in the business of distribution of IT products. Its operating segment includes Enterprise Business - EB; Fast Moving Social - Media Gadgets - FMSG; Fast Moving Electronics Goods - FMEG and Fast Moving Consumer Technology - FMCT. The company generates maximum revenue from the EB segment.

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